Change in Supply
{"Image DocumentName": "Change in Supply", "Image ImageDescription": "A change in the quantity supplied at each and every price is called a change in supply. It is illustrated as a shift in the supply curve. An increase in supply is shown by a rightward shift in the supply curve and a decrease in supply is shown by a leftward shift in the supply curve. [Remember, increase = rightward shift and decrease = leftward shift. An increase in supply is not an upward shift in the supply curve. What looks like an upward shift on a graph is actually a leftward shift and is a decrease in supply.] A change in the quantity supplied is the change in the quantity of a good that firms plan to sell when the price of the good changes and all other influences on selling plans remain the same. A change in the quantity supplied is illustrated by movement along the supply curve.", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}